Essent Group Statistics
Total Valuation
Essent Group has a market cap or net worth of $6.02 billion. The enterprise value is $6.28 billion.
| Market Cap | 6.02B |
| Enterprise Value | 6.28B |
Important Dates
The last earnings date was Friday, May 3, 2024, before market open.
| Earnings Date | May 3, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Essent Group has 106.67 million shares outstanding. The number of shares has decreased by -0.76% in one year.
| Shares Outstanding | 106.67M |
| Shares Change (YoY) | -0.76% |
| Shares Change (QoQ) | -0.05% |
| Owned by Insiders (%) | 3.20% |
| Owned by Institutions (%) | 96.42% |
| Float | 103.19M |
Valuation Ratios
The trailing PE ratio is 8.54 and the forward PE ratio is 8.20. Essent Group's PEG ratio is 0.84.
| PE Ratio | 8.54 |
| Forward PE | 8.20 |
| PS Ratio | 5.23 |
| Forward PS | 4.69 |
| PB Ratio | 1.15 |
| P/FCF Ratio | 7.65 |
| PEG Ratio | 0.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.21, with an EV/FCF ratio of 7.98.
| EV / Earnings | 8.88 |
| EV / Sales | 5.45 |
| EV / EBITDA | 7.21 |
| EV / EBIT | 7.25 |
| EV / FCF | 7.98 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 0.48 |
| Debt / FCF | 0.54 |
| Interest Coverage | 27.90 |
Financial Efficiency
Return on equity (ROE) is 14.20% and return on invested capital (ROIC) is 12.99%.
| Return on Equity (ROE) | 14.20% |
| Return on Assets (ROA) | 11.30% |
| Return on Capital (ROIC) | 12.99% |
| Revenue Per Employee | $2.15M |
| Profits Per Employee | $1.32M |
| Employee Count | 536 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Essent Group has paid $128.17 million in taxes.
| Income Tax | 128.17M |
| Effective Tax Rate | 15.34% |
Stock Price Statistics
The stock price has increased by +19.46% in the last 52 weeks. The beta is 1.08, so Essent Group's price volatility has been similar to the market average.
| Beta (1Y) | 1.08 |
| 52-Week Price Change | +19.46% |
| 50-Day Moving Average | 55.60 |
| 200-Day Moving Average | 52.25 |
| Relative Strength Index (RSI) | 52.33 |
| Average Volume (30 Days) | 516,382 |
Short Selling Information
The latest short interest is 719,074, so 0.67% of the outstanding shares have been sold short.
| Short Interest | 719,074 |
| Short Previous Month | 805,436 |
| Short % of Shares Out | 0.67% |
| Short % of Float | 0.70% |
| Short Ratio (days to cover) | 1.35 |
Income Statement
In the last 12 months, Essent Group had revenue of $1.15 billion and earned $707.28 million in profits. Earnings per share was $6.61.
| Revenue | 1.15B |
| Gross Profit | 1.11B |
| Operating Income | 866.51M |
| Pretax Income | 835.45M |
| Net Income | 707.28M |
| EBITDA | 871.73M |
| EBIT | 866.51M |
| Earnings Per Share (EPS) | $6.61 |
Balance Sheet
The company has $164.26 million in cash and $422.18 million in debt, giving a net cash position of -$257.93 million or -$2.42 per share.
| Cash & Cash Equivalents | 164.26M |
| Total Debt | 422.18M |
| Net Cash | -257.93M |
| Net Cash Per Share | -$2.42 |
| Equity / Book Value | 5.23B |
| Book Value Per Share | 48.99 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $795.15 million and capital expenditures -$8.10 million, giving a free cash flow of $787.05 million.
| Operating Cash Flow | 795.15M |
| Capital Expenditures | -8.10M |
| Free Cash Flow | 787.05M |
| FCF Per Share | $7.45 |
Margins
Gross margin is 96.39%, with operating and profit margins of 75.23% and 61.40%.
| Gross Margin | 96.39% |
| Operating Margin | 75.23% |
| Pretax Margin | 72.53% |
| Profit Margin | 61.40% |
| EBITDA Margin | 75.68% |
| EBIT Margin | 75.23% |
| FCF Margin | 68.33% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 1.98%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 1.98% |
| Dividend Growth (YoY) | 11.58% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 16.94% |
| Buyback Yield | 0.76% |
| Shareholder Yield | 2.74% |
| Earnings Yield | 11.74% |
| FCF Yield | 13.07% |
Analyst Forecast
The average price target for Essent Group is $59.25, which is 4.92% higher than the current price. The consensus rating is "Buy".
| Price Target | $59.25 |
| Price Target Difference | 4.92% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |